Roadrunner takes over Capital Transportation

   Roadrunner Transportation Systems (RRTS) said that it has acquired all of the outstanding capital stock of Capital Transportation Logistics, a provider of transportation management solutions (TMS) located in Nashua,N.H., for $6.25 million.
   Capital Transportation Logistics is a non-asset based TMS provider that focuses largely on less-than-truckload services but also supports truckload brokerage and freight bill audit and payment. It uses Web-based systems for carrier selection, shipment tracking, invoice and report generation, and analysis. It generated around $6 million in net revenue in 2011.
   Paul Kithcart, president of Roadrunner’s TMS business segment, said that Capital’s system is a strong compliment to its own and will be integrated to enhance its support in the U.S.